Whether you conduct welding on your own premises, or weld on site on fabrication projects. You’ll know the risks associated with fires and nearby flammable substances.
Because of this, damages to the workshop/ premises is one of the highest claim incidences seen to date. Generally, smoking around the workshop causes the majority of fires.
Some of the other most claimed on insurance policies for welders are Public liability, Products Liability and workers compensation. If your business activities include steel -fixing or structural work, your liability exposure is a lot higher than the average welders policy. So making sure you’re insured for the correct activities is very important. For more information regarding Safe Working Environments, click here to go to Safe Work Australia.
How We Can Help Welding Contractors
We have insurance brokers with years of experience when it come to placing Welders with the correct insurance policy. With that being said, it is important to ensure that all of the information you provide to us is true and correct. Generally, we will ask you a series of questions to ensure that we have the correct insurance policy for you. Granted, we understand that you cannot always foresee the welding or fabrication projects you may be working on over the course of the next year. So what we do is try to categorise your situation to either high-risk or low-risk.
What makes my situation high risk?
Generally, a low risk situation would involve welding work conducted in a safe workshop. Typically, a safe workshop would comply with all & relevant Australian Safety Standards. In comparison to a high risk environment, which could involve work in the following industries. These industries would include:
Petrol, Oil or Gas Production Facilities
Offshore Platforms / Oil Rigs
Airports / Aircraft
Underground Work / Mine Sites
Work on conveyor belt systems
Work on Trains or Watercraft
To conclude, if you would like more information on which policies you may need, please contact our office on 1300 859 381 and one of our brokers would be happy to help.